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Insurance
Lloyd’s and the Lloyd’s Market Association (LMA) have made a deal with US hurricane model provider Applied Research Associates (ARA), which will provide its Hurloss hurricane model and Middle East earthquake model to subscribing managing agents on a shared service basis. 19 September 2016
Insurance
CNA Hardy, the specialist commercial insurance provider, has appointed Caroline Hairsine as the new head of construction. 30 November 2015
Insurance
Specialty Managing General Agent (MGA) Nexus Group has acquired Lloyd's coverholder Vectura Underwriting from Aquila Underwriting. 30 June 2017
Insurance
Jay Nichols has resigned from his position of CEO of AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings. He has been replaced by Jan Ekberg on interim basis. 14 February 2017
Awards
Wells Fargo claimed first place for best bank for collateral trusts with a score of 6.46, followed closely by Deutsche Bank with 6.36 and BNY Mellon with 6.31. 14 September 2014
Awards
Citi once again reached the top spot for best bank for letters of credit with a score of 6.43. Following closely behind were Barclays with 6.42 and HSBC with 6.36. 14 September 2014
News
Validus Re, the reinsurance division of Validus Holdings, has appointed Jorge Beltran as executive vice president, head of treaty of Validus Reaseguros. 7 October 2015
Insurance
A review of the UK Ogden discount rate, used to calculate personal injury lump sum compensation payments, must break its current tie to index-linked government bonds, the International Underwriting Association (IUA) has stated. 28 March 2017
Insurance
Following a year in which profits in the insurance sector fell by 23 percent in the UK to £7.0 billion, 2017 should see an improved performance, buoyed by a better global outlook, according to the latest EY ITEM Club outlook for financial services. 28 March 2017
Reinsurance
Munich Re expects its investments in digitisation, data and technology to become the major driver of future growth in its reinsurance operations. The German reinsurance giant sees digitisation as a means of moving the business closer to the end consumer while generating new technology-based products. 20 March 2018
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